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    Property profile & analytics

    423 Hwy 61st N Natchez, MS 39120-4295

    • Investment properties
    • 3,060 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0691436
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 423 Hwy 61st N

    Year built
    2013
    Lot size
    0.85 lot acres
    Property size
    3,060 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0086 0005 0023
    APU
    8600050023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.356
    Latitude
    31.5631
    CBSA code
    35020
    CBSA name
    NATCHEZ, MS-LA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,125
    $23,061
    $31,599
    $54,660
    -
    $153,740
    $210,660
    $364,400

    Comparable in this City

    • Value Estimation by Request
      1,015 SF

      Canal St

      STORE/OFFICE (MIXED USE) • 1,015 SF
      Canal St, Natchez, MS 39120
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    • Value Estimation by Request
      68,750 SF

      Devereaux Dr

      STORE/OFFICE (MIXED USE) • 68,750 SF
      Devereaux Dr, Natchez, MS 39120
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    • Value Estimation by Request
      11,160 SF

      114 Northgate Rd

      STORE/OFFICE (MIXED USE) • 11,160 SF
      114 Northgate Rd, Natchez, MS 39120-9161
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    • Value Estimation by Request
      4,400 SF

      Shields Ln

      STORE/OFFICE (MIXED USE) • 4,400 SF
      Shields Ln, Natchez, MS 39120
      View Details
    • Value Estimation
      $1,200,000
      95,821 SF

      108 Hwy 61st S

      STORE/OFFICE (MIXED USE) • 95,821 SF
      108 Hwy 61st S, Natchez, MS 39120-5217
      View Details
    • Value Estimation by Request
      9,252 SF

      1236 Hwy 61st S

      STORE/OFFICE (MIXED USE) • 9,252 SF
      1236 Hwy 61st S, Natchez, MS 39120-8617
      View Details

    Similar Nearby for Sale

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      Natchez Medical Office Space For Sale

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      0.20 Acres

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    Similar Nearby for Lease

    • $4,000 /Mo
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      Retail Space in Natchez, MS

      4,000 sq ft retail space for rent in Natchez.
      414 Highway 61 N, Natchez, MS 39120
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    • $4,500 /Mo
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      Versatile Commercial Space in Natchez

      10,000 sq ft commercial space suitable for various businesses.
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      High-traffic retail pad, build-to-suit option.
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      Downtown Natchez Office Space Available

      Recently renovated office space for lease in downtown Natchez.
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      Natchez Land For Lease

      Land available for lease in Natchez, Mississippi.
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    • $1,500 /Mo
      1,100 SF

      Natchez Office Space For Rent

      Commercial office space suitable for medical, wellness, or professional use.
      151 Jefferson Davis Blvd, Natchez, MS 39120
      View Details
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    423 Hwy 61st N
    Natchez, MS 39120-4295
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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